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Agent's details

2 Paradise Street

For sale: £225,000.00|1,934.7 Sq Ft|Office, Offices

Property details

FOR SALE£225,000.00
SIZE1,934.7 Sq Ft
ADDRESS2 Paradise Street, Sheffield, S1 2DF
TYPEOffice, Offices
TENUREFor Sale Leasehold
POSTED ON24th July 2021

Description

Key Points

  • Three storey office building
  • Convenient for law courts, professional quarter and city centre amenities
  • Available as an investment (new lease terms will be considered)
  • Within the Sheffield city centre conservation area
  • Summary

    Paradise Square Office Investment

    Description

    The property is of solid brick construction with a slate roof and provides accommodation over three main floors. At ground floor there is a central entrance lobby which leads into a reception and waiting area. There is a partitioned storeroom and a WC. This leads through the central lobby with staircase up to first and second floor levels and two meeting rooms at the rear. At first floor level there are two front offices, central landing and staircase, filing room, refurbished kitchen and a staff WC. At second floor level there are four offices. There is a cellar which can be accessed via a hatch in the ground floor reception.

    Viewings

    For further information or viewings, please contact: Francois Neyerlin at SMC Telephone: 0114 281 2183 Email: francois.neyerlin@smcommercial.co.uk All viewings should be arranged by appointment through the agent.

    Location

    The property is within a terrace of similar buildings and is situated on the corner of Paradise Street and Wheats Lane. The property is located within the Cathedral Quarter of the city centre and is well situated for public transport. It is within 200m of the nearest Supertram stop and close to numerous bus routes. The city centre is accessible via car and there are multi-storey car parks on Hartshead and Campo Lane nearby.

    Tenure

    Long Leasehold - Title number SYK464052, 99 years from 5th June 2002. Ground rent at £250 per annum.

    Tenancy

    Current lease as follows: 10 year lease from 18th October 2013 at a rent of £18,500 pa Tenant: A & N Care Solicitors Ltd FRI lease with no tenant breaks Depending on buyer interest our client may be willing to consider to agreeing to new lease subject to a sale of their long leasehold interest.

    Price

    £225,000 for the long leasehold interest. VAT is NOT payable on the purchase price.

    Location

    marker
    Location: 2 Paradise Street, Sheffield, S1 2DF

    Sheffield (0.5 miles)

    Darnall (2.4 miles)

    Meadowhall (3.3 miles)

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